return icon Vietnamnet.vn

Vietnam’s no 1 rice in world in danger of losing brand

If certain legal entities in the US successfully register the ST25 rice brand, Ho Quang Cua, the real owner of the brand, will lose ownership and it will be very difficult to claim it back.

{keywords}

Ho Quang Cua (middle), the real owner of ST25 brand

 

According to Vietrade, in 2020, some businesses based in California registered the ST25 rice brand for protection in the US and they are awaiting results.

There are a total of five applications for ST25 rice brand registration and protection, which are under verification.

Vu Ba Phu, director of Vietrade, told reporters on the sidelines of a workshop on branding, that to date, Vietnam’s ST24 and ST25 rice brands ‘have not been lost yet’, but they are in danger of being lost.

Ho Quang Cua, who with his co-workers created ST25, recognized as the world’s best rice variety, said he has also filed for rice brand registration and protection.

If Cua’s dossier is one of the five applications, this means that four other legal entities have also submitted applications.

“If Cua is slow-paced in taking action, or he cannot take proper action, one of the US companies could successfully register the brand. If so, Vietnam’s rice would face big difficulties,” Phu warned.

If this happens, Vietnam’s rice won’t be able to bear ST25 brand when it enters the US market, he said. If Vietnamese exporters still want to export products with the ST25 brand, they will have to pay fees to the US company or to those who registered ST25 brand for protection.

Speaking about the protection of Vietnamese brands in general as the country now has many free trade agreements, Phu recommended that businesses hire lawyers to keep track of the intellectual property and trademark infringement in export markets. This will help them take action in a timely way to protect their brands.

A costly process

Lawyer Tran Duc Son, director of Sipco Law Firm, said this had happened to many Vietnamese farm produce brands.

“Vietnam is famous for farm produce. The loss of brands and geographical indications is commonly seen. Therefore, businesses should apply for brand protection as soon as possible,” he said.

In the case of ST25, according to Son, in Vietnam, the principle ‘first come first served’ is applied but it is a bit different in the US.

In the US, those who use brands first will be given priority. This means that those registered need to prove that they are the people who used the brands, created the brands, or even made products bearing the brand name.

Son said the mechanism to recognize this is very complex if someone has applied for registration before. 

Luong Bang

Firms to get help to expand rice export markets

Firms to get help to expand rice export markets

The Ministry of Agriculture and Rural Development reported the volume of rice exported reached 450,000 tonnes with a value of US$246 million last month.  

Vietnam aims to be world's top exporter of quality rice

Vietnam aims to be world's top exporter of quality rice

In August 2020, when the Vietnam - EU Free Trade Agreement (EVFTA) took effect, Trung An High-tech Agriculture JSC exported about 150 tons of rice to the European Union. 

MORE NEWS

Power shortage worries increase hunger for coal

Vietnam is maximising its coal mining output amid widespread power outages in the north.

Indicators ripe for wave of tech startup successes

Venture capital investment flows into Vietnam, particularly from Singapore, are on track to surpass the previous level, propelled by the country’s buoyant tech startup scene.

Tourism industry faces serious labor shortage

Because of low pay, many workers have left the tourism sector.

Industrial parks, economic zones absorb US$ 230 billion in foreign direct investment

Industrial parks (IPs) and economic zones (EZs) across the country have attracted nearly 11,000 foreign direct investment projects worth US$230 billion, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

Property, fishery sectors face hardship as credit chokes

At a government-to-business conference held yesterday, representatives of business associations expressed their concern over being unable to access bank loans as banks are running out of credit growth quotas.

Utilising every opportunity to grow and overcome challenges

That is the message and guideline of Minister of Planning and Investment Nguyen Chi Dung at the national conference on how to sustainably develop.

Outbound tours to Europe rocked by passport tangle

A number of Vietnamese outbound travel companies have already been affected by the decision of some European nations to not recognise Vietnam’s new passports.

Young people discover the universe via telescopes

Many young people have been spending time and money to buy telescopes and build rooftop observatories to admire the wonders of the universe.

Ample room remains for Vietnam’s exports to EU

There is still a lot of room for Vietnamese goods to expand their presence in the European Union (EU) market, but accessing its retail distribution systems is extremely important, heard a seminar in Ho Chi Minh City on August 11.

Vietnam yet rolls out Covid jabs for under-5s

Vietnam has yet planned to get younger kids aged under five vaccinated against COVID-19, according to the Ministry of Health (MoH).

Vietnam to host Mekong Tourism Forum in October

Vietnam is scheduled to host the 2022 Mekong Tourism Forum, themed “Rebuild Tourism, Rebound with Resilience”, from October 9 – 14, the first in-person meeting of the six Greater Mekong Subregion (GMS) destinations since the pandemic began in 2019.

Cryptocurrencies show high risks

Even though cryptocurrencies are not legally recognized in Vietnam, they have gradually become popular due to unlawful trading via specific platforms.

Pandemic-hit labourers continue to receive financial support

The Unemployment Insurance Fund plans to pay out 1.15 trillion VND (49.15 million USD) to support labourers affected by the COVID-19 pandemic, according to a resolution issued by the National Assembly (NA) Standing Committee.

Seven petroleum wholesalers’ licenses suspended

The Ministry of Industry and Trade suspended the operating licenses of seven key petroleum import and export businesses after inspecting 33 wholesalers in February this year.

President reduces death penalties to life sentences for 21 prisoners

President Nguyen Xuan Phuc on August 12 decided to reduce death penalties to life sentences for 21 prisoners, including two foreigners.
back_to_top